Tensions are rising within the cryptocurrency community as Ripple CEO Brad Garlinghouse addresses criticism surrounding XRP’s potential inclusion in a proposed U.S. digital asset reserve. Over the weekend, the debate ignited heated conversations, with Bitcoin maximalists opposing the idea of incorporating tokens beyond Bitcoin, particularly XRP.
Advocating for Collaboration
On Monday, Garlinghouse shared his perspective on X (formerly Twitter), emphasizing the importance of collaboration within the crypto industry. He described the space as inherently “multichain” and urged for unity rather than division, suggesting the industry could only thrive if it worked collectively.
“The crypto industry has a real shot to achieve common goals if we work together instead of tearing each other down. This is not, and never will be, a zero-sum game,” Garlinghouse posted.
He also expressed support for a fair playing field where no single token dominates. Disclosing that he holds Bitcoin (BTC) and Ethereum (ETH) in addition to XRP, he argued that a potential U.S. digital asset reserve should represent a wide range of cryptocurrencies, not just one.
“Maximalism remains the enemy of crypto progress,” Garlinghouse added, noting that its influence, while waning, continues to hinder the industry’s growth.
Fierce Pushback from Bitcoin Advocates
Garlinghouse’s comments were not without resistance. Bitcoin maximalists quickly accused him of hypocrisy and ulterior motives, claiming his stance conflicts with the decentralized principles of cryptocurrency.
One vocal critic, Michelle Weekly, a prominent Bitcoin supporter and crypto executive, fired back: “Maximalism is not the enemy—you are the enemy.” Weekly accused Ripple of lobbying against Bitcoin’s inclusion in U.S. reserves and backing regulatory policies unfavorable to BTC under the previous administration.
Others in the Bitcoin camp also dismissed XRP’s suitability for a national reserve, pointing to its perceived centralization and corporate ties as major drawbacks.
U.S. Digital Asset Reserve Sparks Controversy
The debate comes amidst a larger discussion about the U.S. potentially creating a digital asset reserve. A recent executive order signed by former President Donald Trump aims to explore how cryptocurrencies could play a role in a national stockpile, leading to questions about which assets should be included.
Bitcoin proponents argue that its decentralized structure, capped supply, and established dominance make it the ideal candidate. Messari CEO Ryan Selkis strongly opposed the inclusion of tokens like XRP and Solana, labeling them “toxic” to the integrity of a potential reserve.
Strike CEO Jack Maller also weighed in, posting a video on X accusing Ripple of having an “anti-Bitcoin agenda.” He argued that Bitcoin’s decentralized and censorship-resistant qualities uniquely position it for a strategic reserve.
“Bitcoin is the embodiment of resilience and freedom,” Maller stated. “XRP, on the other hand, is centralized and corporate-driven. Adding it to any U.S. reserve would undermine the principles of economic independence.”
Unity or Division?
Garlinghouse’s stance underscores the growing divide in the cryptocurrency world. While maximalists champion Bitcoin as the ultimate cryptocurrency, others advocate for a more inclusive approach that reflects the broader ecosystem.
The ongoing debate over a U.S. digital asset reserve highlights deeper challenges in balancing innovation, regulation, and competition in a rapidly evolving market. Whether the crypto community can overcome its divisions and work toward shared goals remains uncertain.
As the U.S. government explores its next steps, one thing is clear: the fight for representation in a national digital reserve is just beginning.
